Date posted: 06/08/2023

Chartered Accountants Australia and New Zealand response to the Australian Government’s action on tax leaks matter

Chartered Accountants ANZ (CA ANZ) welcomes the opportunity to engage with the Albanese Government to ensure Australia’s regulatory frameworks work in a way that delivers the best outcomes for Australian taxpayers and our profession.

A proposal to allow the ATO and Tax Practitioners Board to refer ethical misconduct by advisers to professional associations for disciplinary action is an important step.

CA ANZ has confidence in our conduct and disciplinary framework and we have already taken steps to strengthen it through our Professional Conduct Framework Review. Many of its recommendations, including steps to extend our framework to respond more effectively to firm events, will be put to a member vote later this year.

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